Step 1: Setup your watch list of tickers
Just login to setup your pick list of tickers you are interested in tracking their RSI (Relative Strength Index). You can edit this list as many times as you want.
When you have a day job that keeps you busy for 8 hours a day, you often don't get time to monitor your portfolio and also keep a tab on the your watch/sell list so you can decide an opportune time to buy or sell your picks.
Yes, there are tons of resources that you have signed up for which provide you a detailed analysis including the RSI movement. But if you are like me, you find it very time consuming to login and track the RSI everyday for all the items in your watch list.
While you may not get time to open your App and look at the RSI for each and every ticker in your list, it's very fast to just look at one email, if it provides you with the precise information you need.
Just login to setup your pick list of tickers you are interested in tracking their RSI (Relative Strength Index). You can edit this list as many times as you want.
Yes, we all know 70 - 30 is the generally accepted level for tracking the RSI to indicate whether its overbrought or under sold. But you can tweak the notifications thresholds, so that we will notify you only if any of the stocks in your list exceed those limits. That's a smarter way of tracking. Save your limits and you are set.
We will calculate the daily closing RSI's for all the tickers in your watchlist. Match them with your customized thresholds. And let you know of only those tickers that either exceed the upper limit or reach under your lower limits. We will send out daily notifications with a concise view of information you need.